Cambell Soup Down Slightly After Earnings (CPB)

Campbell Soup Co. CPB reported net earnings of $168 million compared to $174 million in the previous year's quarter. On an adjusted basis, net income was $186 million or $0.54 per share, versus $171 million or $0.48 per share in last year's corresponding quarter. Wall Street analysts had anticipated that the company would report EPS of $0.51. Net Sales at CPB were $1.8 billion, which was an increase over the $1.69 billion the company reported in the year ago quarter. Revenue was in line with analysts' estimates. During the current trading session, CPB shares have lost 0.99% to $35.10.